£523,710
This estimated value is based upon the latest sale price for the house of £307,500 on 31 Aug 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £307,500 | 31 Aug 2012 |
| £135,000 | 28 Jan 1999 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £307,500 results in an estimated price of approximately £523,710.
| 31 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £307,500 | £216,210 | £523,710 |
The Postcode Pricing Model uses changes in average sales price within the CV7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 365.057 % | £1,122,549 | £1,430,049 |
| 3 Month Average | 73.704 % | £226,641 | £534,141 |
| 6 Month Average | 56.206 % | £172,832 | £480,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £460,893 | £455,000 | 19 CEDARWOOD DRIVE |
| 29 Aug 2023 | £549,810 | £545,000 | 2 CEDARWOOD DRIVE |
| 21 Jul 2023 | £444,482 | £438,500 | 21 LEVESON CRESCENT |
| 19 Jul 2023 | £112,514 | £111,000 | APARTMENT 17 KNIGHTS COURT, 550 KENILWORTH ROAD |
| 1 Mar 2023 | £565,326 | £560,000 | 12 CEDARWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Kenilworth Road |
| Jan 2024 | Anti-social behaviour | On or near Kenilworth Road | |
| Jan 2024 | Anti-social behaviour | On or near Kenilworth Road | |
| Jan 2024 | Anti-social behaviour | On or near Kenilworth Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Close |